Commercial radio stations are often free for listeners to
tune in to however this mean that they must find some other way to earn money. These
radio stations earn their profit or revenue by airing radio advertisements on
the station in between songs or shows, other companies pay the radio stations to
air their ads on their station, this is how commercial radio is funded. The
main purpose of commercial radio is to generate money so that it can continue
to air however there are other smaller purposes as to how it generates said
money.
One of these purposed is sponsored content. There are often
times when are particular show on the radio station is sponsored by a company
or product. This means that a company is supplying the station with money in return
for advertising or publicity. However this is slightly different from normal
advertisement as companies are not paying for a specific time slot for there
advertisement but instead for publicity throughout the course of the show, this
can range from the station stating the sponsor every time the show come back on
or goes off before and after ad breaks or can sometimes even tie in to a part
of the show such as competition where the prize is a product from the company
that is sponsoring the station.
Another purpose of commercial radio is seasonal awareness.
This is when a commercial radio station takes advantage of seasons or national
holidays to generate more money. For example, during December most radio
stations play a lot of Christmas songs and hold event or competitions related
to the season. One well known example of this is Capital Radio which holds events
such as the summertime ball in summer and jingle bell ball near Christmas.
Competitions also play a part in the purpose of commercial
radio they can also generate money form the radio station as most competitions
on radio stations have a small entry fee however many people listening enter
the competitions so despite each individual payment only being a small amount
the end result is still a profit.
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